06/04/2002 Meeting Minutes - Laserfiche WebLink

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Council Minutes of b/4/2t)02 Finance Director Copfer: 1) She previously reported that the Ohio Senate and House were trying to solve their budget problems and had potentially discussed reducing local government funding by 6%. But in the final analysis, they decided that might not be such a good idea. There is no reduction for local government and library funds in the budget that was passed and agreed upon by the House and Senate. Also, they had tried to get a caveat that the Governor could, without a further act of the legislative body, just reduce the funds, but that was also defeated. That provision, if passed, could have impacted the city by approximately eighty-two thousand dollars. 2) With the 2002 Olmsted Township rate being settled and being billed by Cleveland Division of Water, and the EPA consent decree being resolved, the Finance Department began the Olmsted Township's one year prior sewer charge bills. The bills were printed today and will be in the mail by the end of the week. They have 30 days to pay them. 3) As the Law Director mentioned, they spent a lot of time finalizing the agreement to amend the capital agreement with Fairview Park. It has been a long process. The documents that had to be pulled together were excessive over a long period of time. 4) The $1,650,000 2002 capital improvement notes were sold today. They are one year notes and have an interest rate of 2.15%, which is about 1/2% higher than what we are earning on interest. Councilman McKay, chairperson of the Finance Committee: 1) The committee met on Monday, June 3. Present were committee members Kasler, Limpert and McKay; Council members Gareau, Nashar, Dailey and Miller; Council President O'Grady; Mayor Musial, Administrative Assistant Creadon, Environmental Engineer Long, Service Director Thomas, Safety Director Thomas, Law Director Dubelko, Finance Director Copfer. The following items were discussed: • Ordinance 2002-73, which authorizes the Mayor to employ Floyd Brown Associates Inc. for the sewer district plan involving Olmsted Township and North Olmsted. The City of North Olmsted owns and operates the Wastewater Treatment Plant which presently treats both entities. The last master plan was completed for the city by Floyd Brown Associates in 1968. Due to the fact that Floyd Brown Associates prepared the original master plan, it was determined that they are the most qualified to prepare the new master plan. This will not overburden our present treatmerrt plant, and the committee recommended approval. • Ordinance 2002-76, which eliminates the one thousand cubic foot charge per quarter on the sewer use. However, there will be a charge for the operating, maintenance component and the debt service component. Those will be in place for those using less than 1 MCF. Approximately 1,400 users will be affected. Because the Wastewater Treatment Plant has been in compliance with the EPA standards and with the reductions in the legal fees and fines, we are not expected to lose any revenue from the reduction. A change in the fourth Whereas of the ordinance will read, "Over a period of time, the current sewer use rate and the current sewer rate structure contained in Chapter 915.04 has been reviewed as well as the alternatives to the current sewer rate structure." The fifth Whereas was amended by eliminating the words "task force has recommended that be in place" before the word "current." The "' committee recommended approval of Ordinance 2002-76.